Regenerative Braking System (RBS) is a mechanism
that uses a generator to recover kinetic energy while braking. In conventional
vehicles, most of the kinetic energy generated during braking is converted into
heat and is dissipated into the environment. RBS helps in converting the
generated heat into electrical energy and further store it in an energy storage
system such as flywheel, batteries, and ultra-capacitors.

In the last several years, global market of regenerative
braking systems developed rapidly, with an average growth rate of 9%. In 2016,
global revenue of regenerative braking systems is nearly 699 M USD; the actual
consumption is about 2451 K units.
The global average price of regenerative braking systems is
in the decreasing trend, from 317 USD/Unit in 2012 to 258 USD/Unit in 2016.
With the situation of global economy, prices will be in decreasing trend in the
following five years.

The classification of regenerative braking systems includes
ESC based system, ABS based system and other type, and the proportion of ESC
based system in 2016 is about 89%.
Regenerative braking systems are widely used in HEV, BEV,
PHEV and other vehicles. The most proportion of regenerative braking systems is
HEV, and the consumption proportion in 2016 is about 69%.
Japan is the largest consumption place, with a consumption
market share nearly 39% in 2016. Following Japan, China is the second largest
consumption place with the consumption market share of 22%.
Market competition is intense. ADVICS, Bosch, Continental,
Hitachi, TRW, etc. are the leaders of the industry, and they hold key
technologies and patents, with high-end customers; have been formed in the
monopoly position in the industry.

The Regenerative Braking Systems market was valued at 770
Million US$ in 2017 and is projected to reach 1520 Million US$ by 2025, at a
CAGR of 8.9% during the forecast period. In this study, 2017 has been
considered as the base year and 2018 to 2025 as the forecast period to estimate
the market size for Regenerative Braking Systems.

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